LATEST
WEBSTORY
TRENDING

DNA TV Show: Will CM Arvind Kejriwal come out of jail before voting in Delhi on May 25?

This married director caused scandal by marrying his niece, brother was superstar, quit films to follow Osho but...

SRH vs LSG IPL 2024 Live Score: SRH look to regain winning momentum against LSG

8 day to day habits to boost intelligence (IQ)

9 Telugu films that are remakes of Bollywood movies

5 effective home remedies for sore throat

BJP appoints new state presidents in Telangana, Jharkhand, Punjab, Andhra ahead of 2024 Lok Sabha polls

Meet 'mystery girl' whose pictures with Indian cricketer Yuzvendar Chahal is going viral

SCO must not hesitate to criticise countries supporting terrorism: PM Modi

PHOTOS
VIDEOS
ENTERTAINMENT

Alia Bhatt wears elegant saree made by 163 people over 1965 hours to Met Gala 2024, fans call her ‘princess Jasmine’

Jr NTR-Lakshmi Pranathi's 13th wedding anniversary: Here's how strangers became soulmates

Streaming This Week: Heeramandi, Shaitaan, Manjummel Boys, latest OTT releases to binge-watch

Delhi Bomb Scare: Unattended Bag Found At Connaught Place Following Delhi School Bomb Threats

Lok Sabha Election 2024: Arvinder Singh Lovely Joins BJP Days After Quitting As Delhi Congress Chief

RCB Vs GT Highlights: Royal Challengers Bengaluru Defeat Gujarat Titans By 4 Wickets | IPL 2024

This married director caused scandal by marrying his niece, brother was superstar, quit films to follow Osho but...

Ranbir Kapoor rejected these three films which made Ranveer Singh superstar, two of them earned over Rs 150 crore

Did Ranveer Singh delete wedding photos with Deepika Padukone from his Instagram? Here's the truth

Home Personal Finance

Personal Finance

Kotak Mutual Funds alerts people about phoney accounts on social media

Kotak Mutual Funds issues a warning regarding phoney social media companies that advertise themselves as offering significant returns on investments.

DNA Web Team

Updated : Nov 25, 2022, 02:08 PM IST | Edited by : Maitry Kothari

Kotak Mutual Funds alerts the public, investors and business associates about phoney social media and Telegram groups and communities that promise tremendous returns on investment in its name.

According to the press note from Kotak Mahindra Asset Management Co. Ltd, "ALERT! Please do not be misled by FAKE Telegram and other social media entities claiming to be owned by Kotak Mutual Fund."

Recently, the brand name, logo and spokesperson identity of Kotak Mutual Funds has been misused by various social media entities on Telegram and social media forums. (Also Read: IDFC First Bank hikes FD rates from Rs 2 crores to 25 crores to 7.55%, know details)

"Kotak Mutual Fund has only one official Telegram handle (https://t.me/kotakmutualfund ), and it does not promise or misguide investors in any form or on any social platforms for abnormal earnings or returns while investing in mutual funds. Mutual Fund investments are subject to market risks, and investors should read all scheme-related documents carefully before investing," said the note.

"Furthermore, we request the users and investors to report those fraudulent groups on Telegram in case they come across to abuse@telegram.org or write to us at mutual@kotak.com," added Kotak Mutual Fund.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed- Follow DNA on WhatsApp.